Morocco stocks lower at close of trade; Moroccan All Shares down 0.28%

Investing.com – Morocco stocks were lower after the close on Tuesday, as losses in the Distributors , Mining and Utilities sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.28%.

The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CSE:MOX ), which rose 6.67% or 15.00 points to trade at 240.00 at the close. Meanwhile, Cartier Saada (CSE:CRS ) added 4.81% or 1.56 points to end at 33.98 and Med Paper (CSE:MDP ) was up 2.84% or 0.57 points to 20.67 in late trade.

The worst performers of the session were Miniere Touissit (CSE:CMT ), which fell 3.27% or 52.00 points to trade at 1,540.00 at the close. CFG Bank SA (CSE:CFG ) declined 3.00% or 6.00 points to end at 194.00 and Marocaine pour le Commerce et l’Industrie Banque SA (CSE:BCI ) was down 2.56% or 15.00 points to 570.00.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 25 to 20 and 9 ended unchanged.

Shares in Maghreb Oxygene (CSE:MOX ) rose to 52-week highs; gaining 6.67% or 15.00 to 240.00.

Crude oil for December delivery was up 0.96% or 0.65 to $68.69 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.90% or 0.65 to hit $72.48 a barrel, while the December Gold Futures contract fell 0.08% or 2.10 to trade at $2,615.60 a troy ounce.

EUR/MAD was down 0.42% to 10.54, while USD/MAD unchanged 0.03% to 9.93.

The US Dollar Index Futures was up 0.39% at 105.87.

Source: Investing.com

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